NET SLET Economics PAPER December 2015

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1. For a linear demand curve, which of the following is true ?

(A) Elasticity of demand is unity at all points.

(B) Elasticity of demand is constant at all points.

(C) Elasticity increases as one slides down the demand curve.

(D) Elasticity declines as one slides down the demand curve.

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NET Paper 3 - Economics - December 2015

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